1025 Main StRed Bluff, CA 96080

Property Details for 1025 Main St

Year built

1991

Construction

STEEL FRAME

Lot size

12.28 AC

Property size (Sq ft)

101,788 SF

Zone code

C-3

Property type

Retail properties

Property subtype

Community centers

APN

033-180-087-000

APU

33180087000

Description

This exceptional retail property, located at 1025 S Main St, Red Bluff, CA 96080, presents a significant investment opportunity. The Red Bluff Shopping Center - Parcel B offers 136,308 square feet of retail space within a two-story building situated on a 0.7 to 0.9-acre lot in Tehama County. Currently, 56,586 square feet of space is available, divisible into units ranging from 27,248 to 29,338 contiguous square feet. The property boasts a strong tenant mix, including established national brands such as Raley's, Ross Dress for Less, Planet Fitness, Marshall's, Jack in the Box, GameStop, and Verizon Wireless. Its strategic location on South Main Street and Luther Road provides immediate access to Interstate 5, ensuring high visibility and convenient access for customers. The surrounding area features additional national retailers including Walmart Supercenter, Walgreens, Grocery Outlet, Starbucks, O'Reilly Auto Parts, and Big 5 Sporting Goods, creating a vibrant and thriving retail environment. This property is ideal for a variety of retail uses and offers significant potential for growth and return on investment. The property's size and location make it an attractive option for businesses seeking a prominent presence in a busy commercial area. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $26,966,340

  6.5%

  $24,892,006

  7%

  $23,114,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $36,623,892

  Geo Method

  $36,623,892

• Alternative Use

  Use

  Valuation

  Residential

  $20,997,338

  Hospitality

  $19,233,450

  Educational

  $16,002,004

  Medical

  $16,552,338

  Retail

  $24,892,006

Location Insight

City

Red Bluff

County

Tehama

State

California

Latitude

40.1619

Longitude

-122.232

CBSA code

39780

CBSA name

RED BLUFF, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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